The rate on a 30-year fixed refinance dropped to 6.22% today, according to the Mortgage Research Center. The 15-year, ...
Heading into the fall last year, the average 30-year fixed mortgage rate slipped to a low of 6.07% by September 17, 2024, as the market reacted to weaker-than-expected labor market data. At that point ...
The share of mortgage applications for refinance loans has hovered above 50% since the first week in May, but that doesn't mean the mortgage industry is in the midst of another refinance boom, or even ...
Sovereign Partners is ruling its domain at 100 Fifth Avenue thanks to a refinancing package. Rialto Capital provided a $150 ...
'Tis the season for things to be something other than what they appear to be, apparently. Lenders are talking about new loan limits, but they haven't officially changed. News stories are saying rates ...
Rates are bouncing around near record lows set last October and consumers are looking to seize the opportunity. There's always a rush by consumers and loan agents to lock rates on dips, and that ...
The great refi boom in 2020 wasn’t exactly equitable. Wealthier borrowers with stable jobs and high credit scores were fortunate enough to lock in a forever rate, typically lowering their monthly ...
Decentralized finance (DeFi) took off in the summer of 2020 and has become synonymous with the last bull market as well as a lot of speculative activity since then. DeFi was born, in part, to address ...
In 2025, the Federal Reserve cut the federal funds rate by 25 basis points three times. Whether more reductions will follow in 2026 remains to be seen, of course. But either way, mortgage lenders have ...
When mortgage rates logged their sharpest decline of the year last week following an underwhelming jobs report, data showed that refinance demand surged. Despite what seems like welcome news for loan ...
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